EL CID Investments Ltd — Others, 08-07-2025: Others

Elcid Investments Limited has announced a board meeting on July 18, 2025, to consider the financial results for the quarter and half-year ending June 30, 2025. The company reports a consolidated profit after tax of ₹152.99 Cr in FY 24-25, down from ₹175.74 Cr in FY 23-24, driven by investment income including dividend and fair value gains. The board has proposed a final dividend of ₹25 per equity share of ₹10 each. Key board changes include the appointment of Ms. Amrita Vakil as Whole Time Director for five years and Mrs. Ragini Vakil as Non-Executive Director, both effective May 24, 2025. Ms. Margarette Shwetha Thomas and Mr. Essaji Vahanvati have been appointed/re-appointed as Independent Directors for five-year terms. M/s Ruchi Kotak & Associates have been re-appointed as Secretarial Auditors for five years. The company continues to maintain robust governance and risk management, is debt-free, and keeps prudent cash reserves. It operates primarily as an investment company with subsidiaries Murahar and Suptaswar Investments & Trading Company Limited. The company also reported on compliance matters, including tax deductions on dividends and regulatory settlements that do not impact its financial position.